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anatomy66 anatomy66
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9 months ago

Compute (A) bank discount, (B) proceeds for the following simple discount (use ordinary interest), and (C) the effective interest rate to nearest hundredth percent.

Face Value = $5,800, Discount Rate = 11%, Time = 200 days

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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nilabmirzadanilabmirzada
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9 months ago
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